Chart of the Day – NZDUSD – (October 3rd 2019)

The Kiwi has shown a lot of divergence on the RSI in the last month as we traded to new 52-week lows.

Chart of the Day -NZDUSD- (May 22nd 2019)

The NZDUSD has been following a steep downtrend line since March, and we are nearing the 88% retracement of the Sept 2018 lows to December 2018 highs and also the 127% extension of the December 2018 lows to 2019 highs.

The USD showed the potential to breakdown against many majors

The USD (DXY) has been range bound for months, and mostly this is a product of many cross currents in the markets. Equity market volatility, weakness of fundamental data globally stating to seep in, the FOMC looking to be at the end of their hike cycle, China and US trade war brewing, and the list […]

Chart of the Day -NZDUSD- (Nov. 15th 2018)

The NZDUSD has had a relentless bounce higher the last couple weeks and we are now testing the underside of the broken multiyear trend line and also the 38.2% Fibonacci retracement of the 2018 low to high range.

New Zealand Dollar slumps following coalition of Labour and NZ First parties

The NZDUSD is under a huge amount of pressure overnight after New Zealand has finally formed a government and center-left Labour party leader Jacinda Ardern is going to be the new Prime Minister. Read more

This Week’s Harmonics Preview by Nicola Duke

Watch this comprehensive preview from Nicola Duke preparing you for what is coming ahead this week using her unique Harmonics approach and mesmerizing voice. 

Ahead of the RBNZ, the NZD has held its ground

The NZD has been fairly bullish against most majors as we head into today’s RBNZ decision. Read more

NZD technical picture turns down under!

There are several reasons why NZD bears downside risks